Retirement Savings

Retirement Perspectives:

The Benefit of Saving Regularly for Retirement

The amount you're able to save has the greatest impact on your retirement success.

Key Points

Aim to save at least 15% of your income, including any employer match.

Starting early and increasing the amount you are saving over time can make a significant difference.

With a systematic savings approach, you won’t second guess your strategy, and you’ll take advantage of dollar cost averaging and compounded growth potential.

Download the PDF

We recommend saving at least 15% of your gross income or salary throughout your working career in order to save enough for a retirement that could last decades.

Dollar cost averaging cannot assure a profit or protect against loss in a declining market. It involves continuous investing, regardless of fluctuating price levels. Investors should consider their ability to continue investing through periods of fluctuating price levels.

This material has been prepared by T. Rowe Price for general and educational purposes only. This material does not provide fiduciary recommendations concerning investments, nor is it intended to serve as the primary basis for investment decision-making. T. Rowe Price, its affiliates, and its associates do not provide legal or tax advice. Any tax-related discussion contained in this material, including any attachments/links, is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding any tax penalties or (ii) promoting, marketing, or recommending to any other party any transaction or matter addressed herein. Please consult your independent legal counsel and/or professional tax advisor regarding any legal or tax issues raised in this material.

The mutual funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing.Download a prospectus.